SAAD Group will use RiskMetrics' RiskManager[TM] system to provide enterprise-wide risk analysis and reporting.
The scalable nature of RiskMetrics Group's RiskManager system was a perfect fit for SAAD Group's needs.
Yasser Al-Sharif, Head of Risk Management at SAAD Investments, said: "RiskMetrics Group will help us in the vital task of more accurately measuring and quantifying risks in our trading and investments, as well as enabling us to apply internal model approaches for market risk under Basel II.
SAAD Group, formed in 1980, has a track record of more than 21 years with diversified business interests.
SAAD Investments operates from offices in Bahrain and Geneva, with associated companies in major financial centres.